ComStage, Xtrackers, iShares and Co. – the best DAX ETF funds
For long-term wealth accumulation, we recommend an accumulating DAX ETF. A good choice is that iShares Core DAX® UCITS ETF (DE) (ISIN DE0005933931 / WKN 593393). The ETF is launched in Germany, the income is reinvested (accumulated) and the DAX is completely physically replicated. With an annual total expense ratio (TER) of 0.16 percent, the iShares Core DAX UCITS ETF (DE) is not one of the cheapest DAX ETFs. In its financial test issue 6/2020, Stiftung Warentest rated this ETF as “1. Choice”.
You pay a little less for the Deka DAX UCITS ETF (ISIN DE000ETFL011 / WKN ETFL01): the investment in the ETF from DekaBank costs 0.15 percent per year. The ETF, which is also launched in Germany and physically replicates the DAX in full, reinvested the income in the fund’s assets (accumulating). Stiftung Warentest also rates this DAX ETF in its financial test issue 6/2020 as “1. Choice”.
One of the cheapest DAX ETFs is the Xtrackers DAX UCITS ETF 1C (ISIN LU0274211480 / WKN DBX1DA). For an annual fee of 0.09 percent, you get a full physical replica of the leading German index ‘. The ETF of the Deutsche Bank subsidiary Xtrackers reinvests the income (accumulating).
When it comes to distributing index funds, you should take a look at the following DAX ETFs: ComStage DAX® TR UCITS ETF (ISIN LU0378438732 / WKN ETF001), one of the cheapest DAX ETFs in terms of TER, ComStage 1 DAX® UCITS ETF (ISIN DE000ETF9017 / WKN ETF901), Vanguard DAX UCITS ETF (ISIN IE00BG143G97 / WKN A2JF6S), Xtrackers DAX Income UCITS ETF 1D (ISIN LU0838782315 / WKN DBX0NH) and Deka DAX (distributing) UCITS ETF (ISIN DE000ETFL060 / WKN ETFL06).
All four DAX ETFs replicate the German leading index in full physically. The Deka DAX UCITS ETF is launched in Germany, pays out the income at least annually and costs 0.15 percent per year. The ComStage DAX® TR UCITS ETF is significantly cheaper with an expense ratio of 0.08 percent per year, the TER of the ComStage 1 DAX® UCITS ETF is 0.15 percent per year. Both ETFs of the Commerzbank subsidiary distribute the income annually. The DAX ETF from Xtrackers costs 0.09 percent per year and also distributes the income annually.
Our recommendation: If you want the income from your DAX ETF to be distributed regularly, then the ComStage DAX® TR UCITS ETF is the right choice; in terms of TER, the ComStage index fund is the cheapest DAX ETF of all. The iShares Core DAX® UCITS ETF (DE) performs best in our comparison, it is perfect for long-term wealth accumulation. The accumulating Xtrackers DAX UCITS ETF 1C is also worth a look, the index fund impresses with its low TER.